Trend Table for MBWM - Mercantile Bank Corporation

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 20	B	Strong	Up	Up	Down	0.00%
Nov 19	B	Strong	Up	Up	Down	-0.47%
Nov 18	B	Strong	Up	Up	Down	-0.39%
Nov 15	A	Strong	Up	Up	Up	-1.57%
Nov 14	B	Strong	Up	Up	Up	-2.26%
Nov 13	B	Strong	Up	Up	Up	-2.48%
Nov 12	B	Weak or Absent	Up	Up	Up	-3.76%
Nov 11	B	Weak or Absent	Up	Up	Up	-4.03%
Nov 8	B	Weak or Absent	Up	Up	Up	-0.27%
Nov 7	B	Weak or Absent	Up	Up	Up	0.71%